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The inflows into stock funds marked their fourth
straight week of new demand, while the inflows into bond funds
marked their ninth straight week of demand, according to data
from EPFR and Bank of America Merrill Lynch Global Research.
Long-term U.S. government bond funds saw over six percent of
their assets under management pulled out over the latest weekly
period, according to EPFR. Money market funds posted outflows of
more than $20 billion over the period, according to EPFR.
(Reporting by Sam Forgione)
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